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2900/2912 1st Avenue NE

Cedar Rapids, IA 52402
  • $625,000
  • STATUS: Active
  • ON SITE: 268 Days
  • MLS #: 2401822
UPDATED: 67 min ago
$625,000
  • 0
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,042
    SQFT
  • $89
    $/SQFT
Neighborhood:
NE Quadrant
Type:
Commercial
Built:
1927
County:
Linn
Area:
NE Quadrant

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Description

*Also includes 115 29th St NE, Cedar Rapids. Restored historic building by seller to create 3 commercial spaces and 2 apartments. Numerous improvements, exterior parking w/adjacent property providing 10 overflow parking spaces. Apartments are a large 1700SF 3 bedroom and a 1000SF one bedroom. Rents generate $5000/mo with annual increases. Sale does includes overflow lot for 10 cars at 115 29 St. NE.

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© 2024 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2024-12-13T15:42:38.737.
www.realtybrotherscr.com/homes/148715151
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2900/2912 1st Avenue NE Cedar Rapids, IA 52402

  • Price: $625,000
  • Status: Active
  • On Site: 268 Days
  • Updated: 67 min ago
  • MLS #: 2401822
0
Beds
0
Baths
0
½ Baths
0.43
Acres
7,042
SQFT
$89
$/SQFT
1927
Built
Neighborhood:
NE Quadrant
County:
Linn
Area:
NE Quadrant
Property Description
*Also includes 115 29th St NE, Cedar Rapids. Restored historic building by seller to create 3 commercial spaces and 2 apartments. Numerous improvements, exterior parking w/adjacent property providing 10 overflow parking spaces. Apartments are a large 1700SF 3 bedroom and a 1000SF one bedroom. Rents generate $5000/mo with annual increases. Sale does includes overflow lot for 10 cars at 115 29 St. NE.
Exterior Features

Construction Materials Block Frame Concrete Parking Features Off Street Roof Membrane

Interior Features

Basement YN Yes Cooling Central Air Cooling YN Yes Flooring Carpet Wood Heating Central Heating YN Yes Window Features Display Window(s)

Property Features

Building Features Kitchen Facilities Multi- Tenant Overhead Doors Private Restrooms Business Name Fmr Cellar Door Electric 220 Volts Inclusions Building Land Lease Considered YN No Listing Terms Cash Contract Owner Pays Common Area Maintenance Insurance Taxes Trash Collection Possession Immediately Property Sub Type Investment Property Sub Type Additional Investment Sewer Public Sewer Tax Annual Amount 14454 Tenant Pays Electricity Gas Heat Janitorial Service Water Utilities Electricity Available Natural Gas Available Zoning TMixed Zoning Description TMixed

Listing information © 2024 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Scott Olson of SKOGMAN REALTY COMMERCIAL: 319-363-8286.
© 2024 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2024-12-13T15:42:38.737.
 
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Rosekrans Stines Team | RE/MAX Concepts
5235 Buffalo Ridge Dr
Cedar Rapids IA, 52411